Tax, VAT and Your Money News

Intergovernmental Agreements to Improve International Tax Compliance - Revised Guidance Notes Issued

The Isle of Man, in conjunction with Jersey and Guernsey, has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve...
Wednesday, 2 April 2014

Review of Minimum Wage to be conducted

The Department of Economic Development has announced that the Minimum Wage Committee is shortly to invite evidence from interested parties concerning changes to...
Thursday, 27 March 2014

Air Passenger Duty Rates from 1 April 2014

The Treasury announces that an Order has been made that amends the rates of air passenger duty chargeable in respect of flights on and after 1 April 2014.  The...
Tuesday, 25 March 2014

European Union Sanctions: Central African Republic

European Union Sanctions: Central African Republic  The Treasury advises that on 20th March 2014 Council Regulation (EU) No 224/2014 was applied in Island...
Tuesday, 25 March 2014

Sanctions Notice: European Union Sanctions - Ukraine

This news release is issued in respect of the EU financial measures taken against certain persons, entities and bodies in view of the situation in...
Friday, 21 March 2014

Personal Service Companies

The Income Tax Division of Treasury has today issued Guidance Note GN 50 “Personal Service Companies”.   The Guidance Note explains how new legislation, that...
Thursday, 20 March 2014

Sanctions Notice: European Union Sanctions - Ukraine

On 10 March 2014 an Order applied in Island law Council Regulation (EU) No 208/2014 which imposed financial sanctions, including an asset freeze, against...
Tuesday, 11 March 2014

Isle of Man teams up with FIFA to combat match fixing

The Isle of Man’s Gambling Supervision Commission is playing its part in the global drive against the rigging of sports events by agreeing a Memorandum of...
Friday, 7 March 2014

Sanctions Notice: Financial Sanctions: Terrorism and Terrorist Financing

The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Tuesday, 4 March 2014

Sanctions Notice: Financial Sanctions: Iran (Nuclear Proliferation)

This news release is issued to publicise the Judgment of the General Court of the European Union in regard to Nabipour and others v. Council (Case T-58/12) on 8...
Friday, 28 February 2014